# \$500,000 in 1935 → \$9,107,810.22 in 2018

## Inflation Calculator

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### U.S. Inflation Rate, 1935-2018 (\$500,000)

According to the Bureau of Labor Statistics consumer price index, the dollar experienced an average inflation rate of 3.56% per year. Prices in 2018 are 1721.6% higher than prices in 1935.

In other words, \$500,000 in the year 1935 is equivalent in purchasing power to \$9,107,810.22 in 2018, a difference of \$8,607,810.22 over 83 years.

Compared to last year's annual rate, the inflation rate in 2018 is now 1.95%1. If this number holds, \$500,000 today would be equivalent to \$509,739.12 next year. The current inflation rate page gives more detail on the latest official inflation rates.

 Cumulative price change 1721.56% Average inflation rate 3.56% Price difference (\$500,000 base) \$8,607,810.22 CPI in 1935 13.7 CPI in 2018 249.554

#### Inflation rates for specific categories

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S&P 500 price · S&P 500 earnings · Shiller P/E

### How to calculate the inflation rate for \$500,000 since 1935

This inflation calculator uses the following inflation rate formula:

CPI in 2018 / CPI in 1935 * 1935 USD value = 2018 USD value

Then plug in historical CPI values. The U.S. CPI was 13.7 in the year 1935 and 249.554 in 2018:

249.554 / 13.7 * \$500,000 = \$9,107,810.22

\$500,000 in 1935 has the same "purchasing power" as \$9,107,810.22 in 2018.